The end of 2016 brought some up-strides for us financially. We finally figured out some things that worked for us, and we held on to those things! About 2.5 years ago our finances took a HUGE turn – due to us leaving the military and heading BACK to college for another degree. We feel like we may finally be lifting our heads above water and in 2017 we are ready to maximize on that!
A friend of mine who is so good with personal financial management and a follower of Dave Ramsey has been a positive influence for us moving forward. She gifted us a Dave Ramsey book and we’ve learned so much! Throughout 2017 we hope in incorporate those principals in to our life and our finances. We are so excited!
We have a couple starting goals for ourselves beginning in 2017. We have some long term goals as well, but we are trying to focus on what’s in front of us first so we don’t feel overwhelmed.
- finish saving for our emergency fund
- payoff debt
Pretty short and sweet, right? We hope to pay off a LARGE chunk of our debt but we know we won’t finish it all in 2017, so we are making that our main priority right now. We have some great spreadsheets we are tracking everything with and a couple savings accounts to hold our emergency fund, some sinking funds, and money we are saving to use as spending money. The main thing for us to be successful is to change our spending and savings habits.
Due to some changes in our finances starting this month, we are officially starting our family financial plan on February 1st. We want to start out fresh and not confuse ourselves with two separate budgets. I’m praying that we are able to make great strides this year and accomplish so much financially!
Throughout the year I hope to share more as we accomplish some things. In the meantime, I’d love to hear what’s worked for you and your family as you have established your family financial plan!